Free Trial

Russell Investments Group Ltd. Buys Shares of 31,980 Companhia Paranaense de Energia - COPEL (NYSE:ELP)

Companhia Paranaense de Energia - COPEL logo with Utilities background

Russell Investments Group Ltd. bought a new position in shares of Companhia Paranaense de Energia - COPEL (NYSE:ELP - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 31,980 shares of the utilities provider's stock, valued at approximately $190,000.

Other large investors also recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in shares of Companhia Paranaense de Energia - COPEL by 456.9% during the third quarter. Jane Street Group LLC now owns 209,228 shares of the utilities provider's stock worth $1,557,000 after purchasing an additional 171,658 shares during the last quarter. Ballentine Partners LLC raised its stake in shares of Companhia Paranaense de Energia - COPEL by 18.3% during the fourth quarter. Ballentine Partners LLC now owns 20,268 shares of the utilities provider's stock valued at $120,000 after acquiring an additional 3,140 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Companhia Paranaense de Energia - COPEL by 80.8% during the fourth quarter. Blue Trust Inc. now owns 53,333 shares of the utilities provider's stock worth $316,000 after purchasing an additional 23,830 shares during the period. R Squared Ltd bought a new stake in shares of Companhia Paranaense de Energia - COPEL in the fourth quarter worth $31,000. Finally, First Affirmative Financial Network acquired a new stake in Companhia Paranaense de Energia - COPEL in the fourth quarter valued at $64,000. Institutional investors own 3.80% of the company's stock.

Companhia Paranaense de Energia - COPEL Trading Down 0.3 %

ELP stock traded down $0.03 during trading on Thursday, hitting $8.09. The company had a trading volume of 11,509 shares, compared to its average volume of 246,875. The company has a current ratio of 1.45, a quick ratio of 1.43 and a debt-to-equity ratio of 0.51. Companhia Paranaense de Energia - COPEL has a one year low of $5.72 and a one year high of $8.32. The business has a 50-day moving average of $7.31 and a 200-day moving average of $6.77. The stock has a market cap of $4.43 billion, a PE ratio of 47.56 and a beta of 0.71.

Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report) last posted its earnings results on Friday, February 28th. The utilities provider reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by ($0.23). Companhia Paranaense de Energia - COPEL had a return on equity of 11.88% and a net margin of 14.20%. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $657.55 million. Research analysts predict that Companhia Paranaense de Energia - COPEL will post 0.12 earnings per share for the current fiscal year.

About Companhia Paranaense de Energia - COPEL

(Free Report)

Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments.

Further Reading

Institutional Ownership by Quarter for Companhia Paranaense de Energia - COPEL (NYSE:ELP)

Should You Invest $1,000 in Companhia Paranaense de Energia - COPEL Right Now?

Before you consider Companhia Paranaense de Energia - COPEL, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Companhia Paranaense de Energia - COPEL wasn't on the list.

While Companhia Paranaense de Energia - COPEL currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines